Baku, Azerbaijan, Oct. 23
By Huseyn Valiyev - Trend:
Azerbaijan will from now on produce computer hardware under Acer brand name, Azerbaijani Communications and High Technologies Ministry told Trend Oct. 23.
The ministry said the production of computer hardware will be carried out at a plant in the city of Mingachevir, which manufactures KUR computers.
Earlier, Taiwan's Acer checked the production capacity at the KUR plant for production of laptops and tablet computers. The project became relevant after the KUR plant was issued a status of a high-tech park branch.
Previously, a source in Azerbaijan's IT-market told Trend that the project's objectives include bringing foreign capital into the project and creating opportunities for selling finished products in foreign markets.
The KUR plant is a joint venture of the Teleradio Production Union of Azerbaijan's Communications and High Technologies Ministry and the IT-company Sinam.
KUR was established in 2005 and is the only company engaged in assembly-line production of computer equipment and electronics in the South Caucasus.
The official exchange rate for Oct. 23 is 1.0487 AZN/USD.
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